Retirement — Gov & Nonprofit
About this plan
A 401(a) Governmental plan is a defined contribution retirement plan funded by employer contributions — typically used by state and local governments, public schools, and universities. NBS administers 401(a) plans with mandatory or discretionary employer contributions, coordination with 457(b) and 403(b) plans, and full compliance support.
What's Included
For Employers
A 401(a) plan gives governmental employers a structured way to provide employer-funded retirement contributions. Use it as a standalone benefit or as a match vehicle for 457(b) deferrals — NBS handles the full administration.
For Participants
Your employer contributes to a 401(a) retirement account on your behalf. These employer-funded contributions grow tax-deferred and are yours when you vest — a valuable supplement to your other retirement plans.
NBS administers more than 401(a) Governmental Plans
Many employers use NBS across multiple benefit types — consolidating administration simplifies vendor management and gives your employees a consistent experience. You may also be interested in these related plans.
